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Relatively Good Performance Detected in Shares of Wash Fed in the Thrifts & Mortgage Finance Industry (WAFD , MTG , NMIH , NWBI , ESNT )

By Nick Russo

We looked at the Thrifts & Mortgage Finance industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Wash Fed (NASDAQ:WAFD ) ranks first with a gain of 2.89%; Mgic Invt Corp (NYSE:MTG ) ranks second with a gain of 1.96%; and Nmi Holdings I-A (NASDAQ:NMIH ) ranks third with a gain of 1.90%.

Northwest Bancsh (NASDAQ:NWBI ) follows with a gain of 1.82% and Essent Group Ltd (NYSE:ESNT ) rounds out the top five with a gain of 1.63%.

SmarTrend is tracking the current trend status for Wash Fed and will alert subscribers who have WAFD in their portfolio or watchlist when shares have changed trend direction.

Keywords: relative performance wash fed mgic invt corp nmi holdings i-a northwest bancsh essent group ltd